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After doing some research into non-profit organizations, I'm just not sure we should do it so I didn't add it to the list of things to vote on. The benefit I see is the donation from a sponsor will be tax deductible making us more appealing to potential sponsors. It costs about $1000 to become a non-profit through using legalzoom.com. The process and paperwork is complicated enough I don't think we could do it ourselves to save $500. The club will have to keep good track of money and file an amended tax return every year. If anyone finds out some new information about becoming a non-profit then please let us know.

I know it would be easier to raise money as a non-profit, but I also know the more dedicated members we have, the easier it is to raise money. We have a lot of members already in the first week of January and I think the list will continue to grow. If everyone commits to helping out a little in some way we can raise more money and be more successful than ever!

Last edited by Adam; 01-06-2011 at 04:10 PM.

Where we have strong emotions, we're liable to fool ourselves. – Carl Sagan

Thanks to all who came out to the meeting. I hope everyone had a great time and made it home safe. I was astounded by the attendance at the meeting, there were about 35 people who showed up, easily our biggest club meeting in a long time. Meeting notes will be posted soon.

Where we have strong emotions, we're liable to fool ourselves. – Carl Sagan